New PetroVietnam chairman appointed after nearly a year of vacancy

December 25, 2017 | 10:16

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On December 24, 2017, Tran Sy Thanh, member of the Central Party Committee and Secretary of the Lang Son Party Committee, was appointed by the Politburo as chairman of Vietnam National Oil and Gas Group (PetroVietnam) and Deputy Chairman of the Central Party Committee's Economic Commission.

Pham Minh Chinh, head of the Central Organisation Commission (middle) handing over the Politburo's decisions to Tran Sy Thanh (right) and Lam Phuong Thanh (left)

He has also been appointed as Secretary of PetroVietnam Party Committee. Lam Phuong Thanh, Deputy Chairman of the Central Propaganda and Education Committee, has been appointed as the Secretary of the Lang Son Party Committee to replace Tran Sy Thanh.

The position of PetroVietnam's chairman has been vacant since March this year. It is considered a "hot seat" because the latest chairmen were sentenced to prison. Nguyen Xuan Son and Nguyen Quoc Khanh—both PetroVietnam chairmen for a term of one year—were arrested and prosecuted due to financial mismanagement.

Son was sentenced for life imprisonment. Earlier, Phung Dinh Thuc and Dinh La Thang were also chairmen and are currently facing legal proceedings related to serious economic crimes in the oil and gas sector.

Tran Sy Thanh was born on March 16, 1971 in Thanh Chuong district, Nghe An province. Earlier, he was Secretary of the Bac Giang Party Committee during 2012-2015 and Deputy Chairman the Central Party Committee's Inspection Commission; Vice Secretary of the Dak Lak Party Committee and Vice Chairman of the Dak Lak People's Committee during 2010-2012; and deputy director general of the State Treasury Department of the Ministry of Finance during 2007-2008.

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